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103-Unit Affordable Multifamily Property in Glendale to be Renovated

Kairos Investment Management Company (KIMC), a firm that focuses on value-based real estate investments with favorable risk/reward characteristics, has acquired Forest Manor Apartments, a 103-unit affordable multifamily property in Glendale, As part of KIMC’s value-add strategy with affordable housing, the company plans to renovate the asset by implementing interior and exterior upgrades aimed at elevating […]

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Multifamily Portfolio Near Swedish Medical Center Sells for $15.35M

Berkadia — a joint venture of Berkshire Hathaway and Jefferies Financial Group — has announced the off-market sale of the Swedish Portfolio, a three-property, 79-unit multifamily portfolio in Englewood, for $15.25 million. The sales price reflects a per-unit price of $193,038. Senior Directors John Laratta and Nick Steele, Director Tyler King, and Associate Director Nate Moyer, all of Berkadia Denver, led

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Movers and Shakers Week Ending 01.14.22

CBRE Announces Three Promotions in Colorado CBRE announced that three professionals in its Colorado offices have achieved honorary title promotions. Based in Denver, Dann Burke is promoted to senior vice president. Mr. Burke specializes in healthcare-related real estate transactions and medical office properties across the Denver metro area and greater Colorado Front Range. He has

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Houston-Based General Contractor Sets Sights on Denver

Arch-Con® Corporation, a general contractor for commercial construction headquartered in Houston, is taking root in Denver with the purchase of an office building for its Colorado operations in the Cherry Creek area, located at 131 Madison Street. “Denver is a consistently dynamic commercial real estate market,” Arch-Con Founder Michael G. Scheurich said. “Therefore, we wanted to invest in

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ISEC, Inc. Wins AGC ACE Award for 2021 Best Building Project

ISEC Inc., a national construction contractor dedicated to delivering innovative interior finish solutions through more than 1,500 exceptional trades professionals, has been named the Best Building Project – Subcontractor – Non- MEP (Over $2 Million) for their work on McGregor Square in Denver. The ACE awards for Construction Excellence are given to projects based on overcoming challenges, excellence in

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Zeppelin Development Growth Strategy Brings New Tenants, Projects in 2022

By Adam Larkey, director of Sales and Leasing for Zeppelin Development Capping off a record-setting year in 2021, Zeppelin Development enters the new year building on its success of collaboration and addressing its tenants’ ever-evolving space needs. Looking ahead, 2022 is lining up to be another big year as Zeppelin plans more improvements, expansions and additions at the TAXI

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Six-Building Multifamily Project Planned for Basalt, Colorado

Development firms Lang Partners and Realty Capital Residential have secured $54.5 million in financing for the construction of Tree Farm Lofts, a 196-unit, six-building multi-housing community in Basalt, Colorado. With a completion date of July 2024, the property will be wood-framed construction on a concrete post-tension slab foundation consisting of six buildings. The building mix

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BMC Investments Sells Moxy Cherry Creek for $51.3M

BMC Investments, a leading Denver-based fully integrated and experienced developer, has sold its 170-room Moxy Denver Cherry Creek to RLJ Lodging Trust for $51.3 million, or approximately $301,000 per key. “We are pleased to acquire the recently built Moxy Cherry Creek Hotel, located within the heart of the exclusive Cherry Creek submarket of Denver, which

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Denver City Council Approves Over $1B Funding for Great Hall Project

On Monday, Denver City Council approved Denver International Airport’s (DEN) $1.1 billion proposed plan for the Great Hall Completion, the final phase of the Great Hall Project. This approval comes at a crucial time for the project, as DEN can now move forward with the design work, using personnel already working on the current project.

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